United Arab Emirates: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in the United Arab Emirates

After three years of growth, the market for vacuum pumps and air or gas compressors in the United Arab Emirates decreased by -7.6% to $X in 2022. Over the period under review, consumption, however, posted moderate growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from the United Arab Emirates

In 2022, the amount of vacuum pumps and air or gas compressors exported from the United Arab Emirates dropped sharply to X units, reducing by -16.8% on the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 69%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors reduced to $X in 2022. Over the period under review, exports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2015 with an increase of 213% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X units), Togo (X units) and Mozambique (X units) were the main destinations of exports of vacuum pumps and air or gas compressors from the United Arab Emirates, together comprising 43% of total exports. Italy, Niger, the UK, the United States, Brunei Darussalam, India, Egypt, Zimbabwe, Burundi and Germany lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of +149.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and the UK ($X) constituted the largest markets for vacuum pump and air or gas compressor exported from the United Arab Emirates worldwide, with a combined 42% share of total exports.

The UK, with a CAGR of +73.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for vacuum pumps and air or gas compressors amounted to $X per unit, growing by 7.5% against the previous year. Overall, the export price enjoyed measured growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 85% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Brunei Darussalam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into the United Arab Emirates

After four years of growth, purchases abroad of vacuum pumps and air or gas compressors decreased by -5.8% to X units in 2022. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 83% against the previous year. Over the period under review, imports of attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, imports of vacuum pumps and air or gas compressors declined to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 61% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of vacuum pump and air or gas compressor to the United Arab Emirates, with a 52% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), fivefold. The third position in this ranking was taken by Slovakia (X units), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+44.7% per year) and Slovakia (+35.1% per year).

In value terms, China ($X) constituted the largest supplier of vacuum pumps and air or gas compressors to the United Arab Emirates, comprising 24% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.8% share of total imports. It was followed by Brazil, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.4% per year) and Brazil (+36.8% per year).

Import Prices by Country

The average import price for vacuum pumps and air or gas compressors stood at $X per unit in 2022, dropping by -4.1% against the previous year. In general, the import price saw a deep slump. The pace of growth was the most pronounced in 2017 an increase of 13% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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